Default on Other Obligations. Any event of default shall occur under any agreement, document or instrument in which any Borrower or any other Loan Party is a party, or their property or assets are bound, which involves a claim or liability of $500,000 or more.
Appears in 3 contracts
Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (Wells Timberland REIT, Inc.), Credit Agreement (Wells Timberland REIT, Inc.)
Default on Other Obligations. Any event of default shall occur under any agreement, document or instrument in which any Borrower Loan Party or any other Subsidiary of any Loan Party (other than any Unrestricted Timber Subsidiary) is a party, or their property or assets are bound, which involves a claim or liability of $500,000 or more.
Appears in 2 contracts
Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Joinder and Amendment Agreement (CatchMark Timber Trust, Inc.)
